Intended for purchasing personnel who wish to take advantage of the benefits and opportunities of international trade but also to effectively manage the many complexities of international procurement.
This course comprehensively covers the added challenges of buying globally. Attendees will learn how to manage currency and payment, understand customs and import procedures and be able to ensure the enforceability of the buyer’s requirements across differing legal systems. The necessity for uniformity of understanding and interpretation of contractual obligations between the buyer and seller is emphasised together with practical methods of achieving these key requirements. Transportation, freight rates, ICC Incoterms 2020 and post-Brexit Customs arrangements are also covered.
Arco, Cambridge University, Famous Grouse Whisky Distilleries, Mitsubishi and BAE Systems are just some of the some of the businesses who have benefitted from people attending this course.
Opportunities and Challenges of International Trade / Key Elements of the Enquiry Package / Simplifying Legal Complexities of International Trade / Enforcing Your Terms and Conditions / Managing Currency and Payment / Understanding Incoterms 2020 / Freight Rates / Insurance / Compensation for Loss / Type and Importance of Documentation / Customs Procedures / Union Customs Code / Reducing Duty Liability / Valuation of Imports/Post Brexit Arrangements.
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